Protein Processing Market

Global Protein Processing Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2023-2029- The growing demand for protein-rich foods, rising demand for biopharmaceuticals, and advancements in protein processing technologies are expected drive the growth of the market.

Global Protein Processing Market is valued at USD 29.45 Billion in 2022 and it is expected to reach USD 50.80 Billion by 2029 with a CAGR of 8.1% over the forecast period.

Scope of Global Protein Processing Market Report-

Protein processing refers to the various techniques used to modify protein after it has been synthesized in a cell. This can include post-translational modifications such as phosphorylation, glycosylation, and acetylation, as well as the removal of certain segments of the protein sequence or the addition of other chemical groups. Protein processing can also refer to the purification and concentration of proteins from biological sources, as well as the production of recombinant proteins using genetic engineering techniques.

Protein processing began in the early 20^th century with the discovery of enzymes, leading to the development of techniques for purifying enzymes from biological sources. In the mid-20^th century, advances in molecular biology and genetic engineering allowed to produce recombinant proteins.

Protein processing has a wide range of applications in fields such as biotechnology, medicine, and food science. Examples include biopharmaceuticals, food processing, biotechnology research, and industrial applications.

Biotechnology companies and research institutions use protein processing techniques for research and development, pharmaceutical companies to produce biopharmaceuticals, food processing companies to modify proteins in food products, and industrial companies use proteins in a variety of applications such as wastewater treatment and biofuel production.

Revenue generation model:

The protein processing market generates revenue through the sale of processed protein products to end-users, research and development activities, licensing agreements, and collaborations with other companies. This includes selling processed protein products to food manufacturers, pharmaceutical companies, and other industries that use proteins as raw materials.

Supply Chain Analysis:

The supply chain analysis of the global protein processing market includes raw material procurement, processing, packaging, and distribution. Key players collaborate with suppliers for high-quality raw materials, process products using advanced equipment and technologies, and distribute to end-users in various industries, such as food and beverage, feed, and pharmaceuticals.

Value Chain Analysis:

The protein processing market uses a value chain model to create and deliver value to end-users. This includes activities such as research and development, procurement of raw materials, processing, marketing, and distribution. Companies must optimize their value chain to remain competitive and meet the changing demands of their customers.

Covid-19 Impact on the Global Protein Processing market:

The impact of the Covid-19 pandemic on the protein processing market was mixed having the following effects:

Increased Demand for Protein-Rich Foods: The pandemic led to a surge in demand for protein-rich foods, such as meat, poultry, fish, and plant-based proteins, as consumers seek to boost their immunity and overall health.

Increased Demand for Biologics: The pandemic increased the demand for biopharmaceuticals, including protein-based drugs, to treat Covid-19 and other diseases.

Delays in Clinical Trials: The pandemic caused delays in clinical trials for biopharmaceuticals, which can impact the development and commercialization of protein-based drugs.

Supply Chain Disruptions: The pandemic disrupted global supply chains, causing delays and shortages of raw materials, equipment, and labor. This impacted the protein processing market, particularly in terms of sourcing and production of animal-based proteins.

Key Players of Global Protein Processing Market Report:

• Agilent Technologies Inc.
• Bioneer Corporation
• Bio-Rad Laboratories Inc.
• Lonza Bioscience
• Merck KGaA
• New England Biolabs Inc.
• Oxford Expression
• Promega Corporation
• Qiagen NV
• Sino Biological Inc.
• Synthetic Genomics Inc.
• Takara Bio Inc.
• Thermo Fisher Scientific Inc.
• GELITA AG
• Royal DSM N.V.
• Cargill Inc.
• Kerry Group
• Tate & Lyle PLC
• Novozymes A/S
• Corbion N.V.

Global Protein Processing Market Segmentation:-

By Processing Type:

• Co-translational processing
• Post-translational processing
• Proteolytic processing
• Folding and chaperone-assisted processing
• Secretory pathway processing
• Others

By Protein Types:

• Enzymes
• Antibodies
• Structural proteins
• Food proteins

By Form:

• Liquid
• Dry

By End-User:

• Pharmaceutical & Biotechnological Companies
• Academic Research
• Contract Research Organizations
• Food & Beverage
• Cosmetics
• Others

By Application

• Therapeutic
• Industrial
• Research

By Regional & Country Level:

• North America
  • S.
  • Canada
• Europe
  • K.
  • France
  • Germany
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • GCC
  • Africa
  • Rest of Middle East and Africa

Market Drivers:

Growing Demand for Protein-Rich Foods: Consumers are becoming more health-conscious and are looking for ways to incorporate more protein into their diets, leading to a growing demand for protein supplements and fortified foods, such as protein bars, protein powders, and protein-enriched beverages. Proteins are essential macronutrients that play a vital role in maintaining overall health and wellness. These are involved in various biological processes such as muscle growth, repair, and maintenance, enzyme production, and immune system function.

For instance; according to a report by the United Nations (UN), the global population is expected to reach 9.7 billion by 2050, also, the National Institute of Health (NIH) in America, estimates that the global consumption of meat is going to increase by 76% during the same period.

Rising Demand for Biopharmaceuticals and Advancements in Protein Processing Technologies: Protein processing techniques are used to modify and purify proteins to ensure their safety, efficacy, and stability. The demand for biopharmaceuticals is expected to continue to grow due to drug approvals, new therapeutic modalities, and personalized medicine. This presents an opportunity for the protein processing market to provide innovative technologies to meet the growing demand for biopharmaceuticals.

Additionally, advancements in protein processing technologies, such as high-pressure processing, enzymatic hydrolysis, and membrane filtration, have improved the efficiency, cost-effectiveness, and quality of protein products. This has enabled the development of new and innovative protein-based products, such as plant-based meat substitutes, protein bars, and nutritional supplements. The demand for protein processing technologies and services is expected to continue to grow in the coming years, driving the growth of the protein processing market.

Market Restraints:

High Capital and Operating Costs: The development and implementation of protein processing technologies can be expensive, requiring significant capital investment and ongoing operating costs. This can limit the adoption of these technologies, particularly among small and medium-sized enterprises (SMEs).

Stringent Regulations: The production of proteins for use in food and biopharmaceuticals is subject to strict regulatory requirements, which can be complex and time-consuming to navigate. This can increase the cost and time required to bring new products to market and limit the adoption of innovative protein processing technologies.

Market Opportunities:

Growing demand for plant-based proteins: There is a growing trend towards plant-based diets and sustainable food sources, which is driving the demand for plant-based proteins. This presents a significant opportunity for companies in the protein processing market to develop innovative plant-based protein products and technologies.

Increasing demand for protein supplements: There is a growing demand for protein supplements, particularly among athletes, fitness enthusiasts, and older adults. This presents an opportunity for companies in the protein processing market to develop new and innovative protein supplements.

Market Trends:

Product and Technology Development:

There is a growing trend towards the development of plant-based protein products, as consumers seek more sustainable and healthy food options. In addition, there is a trend toward the development of functional protein products that provide specific health benefits. In terms of technology development, there is a focus on improving the efficiency, cost-effectiveness, and quality of protein processing technologies, such as high-pressure processing, enzymatic hydrolysis, and membrane filtration.

Customer Trends:

There is a growing demand for protein-rich foods and supplements among consumers, particularly in the sports nutrition and wellness markets. In addition, there is a trend towards more sustainable and plant-based diets, which is driving the demand for plant-based protein products. Customers are also increasingly interested in the health and environmental benefits of protein products, leading to a demand for functional and sustainably sourced protein products.

Market Competition Nature:

Present Strategies:

Expansion through acquisition: Many of the key players in the protein processing market have pursued an expansion strategy through acquisition, acquiring smaller companies to expand their product offerings and market reach. For example, Cargill has acquired several companies in recent years, including Five Star Custom Foods, ADM Cocoa, and EWOS Group, among others.

Investment in R&D: Key players in the protein processing market are investing heavily in R&D to develop new and innovative protein products and technologies. For example, Ingredion Incorporated invested $ 140 million in developing plant-based proteins from pulses and other sources, while Kerry Group has invested in developing innovative meat and dairy alternatives.

Future Strategies:

Sustainable Technologies: with the growing emphasis on developing plant-based protein products key players are likely to focus on sustainability and environmental responsibility and reducing the environmental impact of protein processing. Companies are also likely to invest in new technologies and processes to improve the efficiency and cost-effectiveness of protein processing, while also reducing waste and improving sustainability.

Geographic expansion: Key players in the protein processing market are expanding their global footprint by entering new markets and establishing new distribution networks. For example, Cargill has expanded into the Indian market by establishing a joint venture with the Indian company Miskin, while Ingredion Incorporated has established a new production facility in Mexico to meet growing demand in the Latin American market.

Geography Analysis:

North America:

Increasing demand for protein-rich foods along with the growing demand for plant-based protein products are driving the growth of the protein processing market in North America. The demand for protein-rich foods in North America is increasing due to increased consumer awareness of the health benefits of protein and a growing interest in sports nutrition and wellness products. Additionally, there is a trend towards plant-based diets due to concerns about animal agriculture and a growing interest in sustainable food options in the North America. This demand for plant-based protein products requires specialized processing technologies.

Furthermore, there is a growing trend towards plant-based diets in North America, driven by concerns about the environmental impact of animal agriculture and a growing interest in sustainable food options. Unilever, for example, has pledged to sell $1.2 billion in meat and dairy replacements between 2025 and 2027. This is driving the demand for plant-based protein products, which require specialized processing technologies.

Europe:

Advancements in processing technologies and increasing focus on food safety and quality are contributing to the growth of the protein processing market in Europe. Advancements in processing technologies have led to the development of new and innovative techniques for processing protein-based products. These include high-pressure processing (HPP), enzyme technology, and membrane filtration. HPP uses high pressure to inactivate microorganisms and enzymes in food products, while enzyme technology modifies the protein structure to improve its functional properties. Membrane filtration is used to separate proteins and other components from a liquid stream. These technologies have improved the quality and nutritional value of protein-based products while extending their shelf life.

In addition, there is a strong focus on food safety and quality in Europe, with stringent regulations and certifications in place to ensure the safety and quality of food products. This is driving the adoption of advanced processing technologies and quality control measures to ensure the safety and quality of protein products.

Europe has a strong focus on food safety and quality, and there are several regulations in place to ensure that food products are safe for consumption. Such as Regulation (EC) No 853/2004, which sets out specific requirements for the production and handling of animal-based food products, including meat, fish, and dairy products.

Key Benefits of Global Protein Processing Market Report–

• Global Protein Processing Market report covers in-depth historical and forecast analysis.
• Global Protein Processing Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country Level.
• Global Protein Processing Market report helps to identify opportunities in the marketplace.
• Global Protein Processing Market report covers extensive analysis of emerging trends and competitive landscape.